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HomeMy WebLinkAboutAgenda Item Summary Form�1TY OF "V AGENDA ITEM SUMMARY FORM * """ of File ID: #6323 L O R 19 ' tq Date: 08/08/2019 Requesting Department: Department of Housing and Community Development Commission Meeting Date: 09/12/2019 Sponsored By: District Impacted: All Type: Resolution Subject: Allocate CDBG Funds Purpose of Item: AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS, GENERATED FROM FEBRUARY 1, 2019 TO JUNE 30, 2019 IN THE AMOUNT OF $387,054.00 TO THE CATEGORIES SPECIFIED IN ATTACHMENT "A", ATTACHED AND INCORPORATED; AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AND ALL THE NECESSARY DOCUMENT TO COMPLETE THE TRANSCATION FOR THE SPECIFIEC AMOUNTS, FOR SAID PURPOSE(S). Background of Item: The Department of Housing and Community Development ("Department") receives various types of repayments from loans provided to developers and homeowners, referred to as program income that are required to be used for eligible program activities. From February 1, 2019 to June 30, 2019, the Department collected $387,054.00 in Community Development Block Grant ("CDBG") program income. Pursuant to CDBG regulations 24 CFR Part 570.504, program income must be used for eligible CDBG activities. The City Administration recommends the allocation of the program income generated from February 1, 2019 to June 30, 2019 in the total amount of $387,054.00 to the activities specified in Attachment "A" attached and incorporated, which are eligible CDBG activities. Budget Impact Analysis Item has NO budget impact Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $387,054.00 Special Revenue Account No: TO BE DETERMINED Reviewed By Department of Community and Economic Development Review Completed 08/08/2019 1:27 PM Office of Management and Budget Luis Hernandez -Torres Office of Management and Budget Christopher M Rose City Manager's Office Sandra Bridgeman Legislative Division Valentin J Alvarez City Manager's Office Nikolas Pascual Office of the City Attorney Richard Appleton Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria M6ndez City Commission Maricarmen Lopez Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Clerk City Clerk's Office George Mensah Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Legislative Division Review Completed City Manager Review Completed ACA Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Unsigned by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/12/2019 11:56 AM 08/22/2019 6:36 AM 08/22/2019 11:43 PM 08/23/2019 8:31 AM 08/23/2019 10:16 AM 08/23/2019 5:06 PM 08/26/2019 1:47 PM 08/30/2019 3:59 PM 09/12/2019 9:00 AM 09/20/2019 3:59 PM 09/20/2019 4:26 PM 09/20/2019 4:26 PM o City of Miami City Hall * IMLALI 81 LIIO '® 9L Legislation 3500 Pan American Drive Miami, FL 33133 It X �� www.miamigov.com Resolution Enactment Number: R-19-0347 File Number: 6323 Final Action Date:9/12/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING THE ALLOCATION OF PROGRAM INCOME FROM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG") FUNDS GENERATED FROM FEBRUARY 1, 2019 TO JUNE 30, 2019 IN THE AMOUNT OF $387,054.00 TO THE CATEGORIES SPECIFIED IN EXHIBIT "A," ATTACHED AND INCORPORATED; FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE(S). WHEREAS, the Department of Housing and Community Development ("Department") receives various types of repayments from loans provided to developers and homeowners, referred to as program income, that are required to be used for eligible program activities; and WHEREAS, from February 1, 2019 to June 30, 2019, the Department collected $387,054.00 in Community Development Block Grant ("CDBG") program income; and WHEREAS, pursuant to CDBG regulations 24 CFR Part 570.504, program income must be used for eligible CDBG activities; and WHEREAS, the Department recommends the allocation of the program income generated from February 1, 2019 to June 30, 2019 in the total amount of $387,054.00 to the activities specified in Exhibit "A," attached and incorporated, which are eligible CDBG activities; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The allocation of CDBG program income generated from February 1, 2019 to June 30, 2019 in the amount of $387,054.00 to the categories specified in Exhibit "A," attached and incorporated, is authorized.' Section 3. The City Manager is authorized' to negotiate and execute any and all necessary documents, all in a form acceptable to the City Attorney, for said purpose(s). Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 ' The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code provisions. 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. APPROVED AS TO FORM AND CORRECTNESS: 1 i ria i �-ndez, City Httor iey 8/30/2019